Free Press Journal
  • Narendra Modi-led NDA government: Sluggish reforms spark concern

    Of late, concern has been growing regarding India’s dismal track record on reform. The latest instance is the poll conducted by Moody’s Rating Agency, which indicated that some of its respondents felt disappointed with the pace of reform under the Narendra Modi-led NDA government. There was increasing anxiety regarding “policy stagnation”. In fact, half of the poll respondents identified the “sluggish reform momentum” as the greatest risk to the Indian macroeconomic story.